Right or wrong, doesn't matter.
This isn't about being perfect, it's about getting experience.
Every trade you make, win or lose, is a notch on your belt, an experience point in your trading journey.
Having many trades executed per week (2-3 per day) with 3/4 TPs each makes the risk to reward of those trades abysmal.
You WILL lose money CONSISTENTLY overtime doing that.
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I love trading because its infinite labyrinthine complexity enables you to autistically obsess over it until the end of time.
You will never complete the game of trading.
It is endless.
There is room for constant progress and next levels to reach.
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Liquidity IS being ran on purpose to offset distribute orders for smart money to buy and sell.
But they are not targeting you personally or individually.
They have bigger fish to fry.
If you get stopped out you either had your stop in the wrong place or got the direction wrong, it's that simple.
BTC/USD 1D 📊
The FED cut interest rates by 0.5% last Wednesday to 5%.
There was not much volatility but risk on assets had a small bullish reaction.
I still expect crypto and the US stock market to rally in October and November still.
DXY should decline.
Your trading account isn't just numbers,
it's a reflection of your discipline, strategy, and mental toughness.
Build it, grow it, make it a testament to your skill.
You must see the trading process through to the end.
No matter how hard it is you need to succeed and win.
You HAVE to make it work no matter what.
You must go through THE MOST pain and suffering to get what you want.
The mindset of a winner.
ETH + SOL 1D 📊
Although bullish on BTC these look like shit.
Wouldn't put past a manipulation to take out these lows then send it higher after a liquidity grab.
FED gonna cut rates today for the USD I expect alot of volatility to enter the market in the short term.
But rate cuts are bullish for risk on assets (crypto, stocks) in the medium / long term.
BTC/USD 1D Analysis Update 📈
On it's way to Buyside. UPTOBER IS COMING.
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US election soon
Uptober in 5 days
Interest rates are dropping
The FED are about to print trillions
The PBoC are about to print trillions
And you are bearish on Equities and Crypto
The end goal of prop firms has always been to get enough to start trading a personal broker account.
Never forget that.
Imagine thinking market makers from banks or something are watching you and stopping you out of your trade.
If you think this you’re either delusional, retarded or both.
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Cathie Wood is down -70% on her $43 billion ark etf since 2021 but you're too scared your gonna blow a 10k funded challenge.
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Be content with inactivity.
A+ setups don’t come every day.
If you desperately seek action, you put yourself at a disadvantage.
The average person will blow their account and just quit.
If not they will incur 5-6 losses and give up.
ZERO bravery or courage.
ZERO game.
Back to their life of being a normie.
This is exactly why so few succeed in this game.
Lack of perseverance.
In trading, consistency means adhering to your rules.
Profits naturally follow this dedication.
If you think you are smart and well educated why aren't you rich?
This was one of my biggest problems.
I thought I was smart but I didn't have lots of money.
There was a discrepancy that I had to figure out and change.
Get it figured out.